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September New Home Sales As-Expected At.....>

US DATA
US DATA: September New Home Sales As-Expected At 701k SAAR
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- September new home sales -0.7% to 701k SAAR vs expected 702k BBG
- August sales rev down to 706k SAAR from 713k, July rev down to 665k
- Median home price -7.9% to $299,400 (lowest estimate since Feb 2017); 
-8.8% y/y 
- Sep sales breakdown: NE -2.8%, MW +6.3%, South -0.2%, West -3.8% 
- Supply of new homes for sale -0.6% to 321k; -0.9% y/y 
- Months supply on the market 5.5 months unchanged from August

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